C
Seller Co-Listing Agent in 2020
Chris Souki
Compass Aspen
(970) 948-4378
30 in this area
49 Total Sales
Estimated Value: $6,975,000 - $22,375,707
5
Beds
9
Baths
14,565
Sq Ft
$1,008/Sq Ft
Est. Value
Highlights
- Spa
- 3 Acre Lot
- Steam Shower
- Aspen Middle School Rated A-
- 5 Fireplaces
- Brick or Stone Mason
About This Home
As of September 2020This 14,565 square foot 5 bedroom, 9 bath gated home on Red Mountain is perfect for hosting friends and family. Drive through the private gate to a spectacular Tuscan inspired entrance arriving at the porte-cochère which separates the main house from the 20 meter indoor pool, gym, massage room, and sauna. Step out to the backyard area to take in the 180 degree views from Independence Pass to Mt. Sopris while enjoying the amazing outdoor spaces for entertaining as well as the covered patio for year round gatherings. With 5 en suite bedrooms, including the generous master bedroom with impressive his and her closets, wine cellar, private office, and theater you have all the amenities available without leaving home
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,653
Year Built
- Built in 2001
Lot Details
- 3 Acre Lot
- South Facing Home
- Southern Exposure
- Landscaped with Trees
- Property is in excellent condition
- Property is zoned R-30
Parking
- 4 Car Garage
Home Design
- Brick or Stone Mason
- Frame Construction
- Metal Roof
- Stone Siding
- Stucco Exterior
Interior Spaces
- 14,565 Sq Ft Home
- 3-Story Property
- Elevator
- Partially Furnished
- 5 Fireplaces
- Gas Fireplace
- Window Treatments
- Home Security System
- Property Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Hot Water Heating System
- Water Rights
Community Details
- Property has a Home Owners Association
- Association fees include sewer
- Red Mountain Subdivision
Listing and Financial Details
- Assessor Parcel Number 273706311001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2020
Closed on
Sep 15, 2020
Sold by
Dglg Managmeent Llc
Bought by
Akal Yama Llc
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$17,950,000
Sold Price
$17,515,000
Premium/Discount to List
-$435,000
-2.42%
Total Days on Market
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,839,646
Avg. Annual Appreciation
-3.67%
Purchase Details
Closed on
May 4, 2020
Sold by
David Alan Gitlitz Revocable Trust
Bought by
Dglg Management Llc
Purchase Details
Closed on
Apr 30, 2020
Sold by
Louise Ann Cobb Gitlitz Revocable Trust
Bought by
Dglg Management Llc
Purchase Details
Closed on
Jun 13, 2017
Sold by
Gitlitz Loise A
Bought by
Louise Ann Cobb Gitlitz Revocable Trust
Purchase Details
Closed on
May 30, 2017
Sold by
Gitlitz David A
Bought by
David Alan Gitlitz Revocable Trust
Purchase Details
Closed on
Mar 5, 2003
Sold by
Gitlitz David A and Gitlitz Louise A
Bought by
Gitlitz David A and Gitlitz Louise A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Akal Yama Llc | -- | None Available | |
| Akai Yama Llc | $17,515,000 | Title Co Of The Rockies | |
| Dglg Management Llc | -- | None Available | |
| Dglg Management Llc | -- | None Available | |
| Louise Ann Cobb Gitlitz Revocable Trust | -- | None Available | |
| David Alan Gitlitz Revocable Trust | -- | None Available | |
| Gitlitz David A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gitlitz David A | $6,000,000 | |
| Previous Owner | Gitlitz David A | $4,000,000 | |
| Previous Owner | Gitlitz David A | $6,000,000 | |
| Previous Owner | Gitlitz David A | $3,000,000 | |
| Previous Owner | Gitlitz David A | $3,000,000 | |
| Previous Owner | Gitlitz David A | $6,000,000 | |
| Previous Owner | Gitlitz David A | $3,000,000 | |
| Previous Owner | Gitlitz David A | $6,435,000 | |
| Previous Owner | Gitlitz David A | $6,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2020 09/15/20 | Sold | $17,515,000 | -2.4% | $1,203 / Sq Ft |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | For Sale | $17,950,000 | -- | $1,232 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $76,982 | $2,676,320 | $735,990 | $1,940,330 |
| 2023 | $76,982 | $2,704,980 | $743,870 | $1,961,110 |
| 2022 | $59,280 | $1,872,520 | $667,200 | $1,205,320 |
| 2021 | $56,097 | $1,827,730 | $686,400 | $1,141,330 |
| 2020 | $44,654 | $1,451,450 | $657,800 | $793,650 |
| 2019 | $44,654 | $1,451,450 | $657,800 | $793,650 |
| 2018 | $41,254 | $1,660,600 | $662,400 | $998,200 |
| 2017 | $37,873 | $1,417,920 | $648,000 | $769,920 |
| 2016 | $30,463 | $1,118,070 | $636,800 | $481,270 |
| 2015 | $30,273 | $1,118,070 | $636,800 | $481,270 |
| 2014 | $29,957 | $1,080,490 | $676,600 | $403,890 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Souki
-
Erik Berg
Buyer's Agent in 2020
Erik Berg
ENGEL & VOLKERS
(970) 379-6353
27 in this area
85 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 165023
APN: R013894
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